UK government urges private finance firms to make net zero pledge
Finance is a central theme in the race to net zero
The UK government is calling on privately owned financial institutions to commit to a net-zero carbon future.
Speaking …
Read More
Audit watchdog: UK companies must report climate disclosures
FRC to push companies to speed up on the race to net zero
Companies are being urged to improve their reporting on climate change to meet the increased expectations of investors.
On …
Read More
Senate working group targets corporate governance reform
Four Democrat US senators have formed a working group with the aim of shifting corporate America away from shareholder capitalism.
Elizabeth Warren (Massachusetts), Tom Carper (Delaware), Tammy Baldwin (Wisconsin) and Mark Warner (Virginia) …
Read More
Concern mounts over ESAs’ ESG product disclosures
PensionsEurope has voiced concerns over the European Supervisory Authorities’ (ESAs) attempt to create templates for ESG products.
The lobby group, which represents national associations of pension funds, said the product templates are too …
Read More
Government signals drive to boost ESG options for pension funds
UK government pensions minister Guy Opperman has signalled plans to accelerate ESG action for pension funds ahead of the milestone COP26 conference in 2021.
“The government will be making announcements …
Read More
Virtual AGMs get FRC green light, but questions remain
Questions remain over how virtual AGMs can work for all investors, after a full season of shareholder and company meetings has been carried out online.
While some “excellent practices” seen over …
Read More
EU’s Sustainable Finance Platform lacks asset owners
The EU has published the list of members appointed to its Sustainable Finance Platform, which is remarkable in its lack of representation of asset owners.
The platform is an advisory body made up …
Read More
FRC revamps UK Stewardship Code with new report obligation
Prospective signatories of the UK Stewardship Code face a new reporting requirement and will soon have to prepare annual stewardship reports, following an update by the Financial Reporting Council (FRC).
In …
Read More
UK govt extends AGM leeway to end of 2020
The UK government has extended flexibility over AGM rules, meaning companies will be able to hold such meetings in Covid-safe fashion until the end of the year.
This temporary adjustment to …
Read More
SEC lambasted over shareholder rights change as companies fail to meet ESG targets
The US Securities and Exchange Commission (SEC) has come under fire from investor groups after it voted to adopt amendments to its shareholder proposal rules.
In what …
Read More